EXHIBIT 99.2

Vector Group Ltd.

Condensed Consolidating Financial Statements

June 30, 2021

(in thousands of dollars)

Presented herein are Condensed Consolidating Balance Sheet as of June 30, 2021 and the related Condensed Consolidating Statements of Operations for the six months ended June 30, 2021 of Vector Group Ltd. (Parent/Issuer), the guarantor subsidiaries (Subsidiary Guarantors) and the subsidiaries that are not guarantors (Subsidiary Non-Guarantors).

CONDENSED CONSOLIDATING BALANCE SHEETS

	June 30, 2021
					Subsidiary				Consolidated
	Parent/		Subsidiary		Non-		Consolidating		Vector Group
	Issuer		Guarantors		Guarantors		Adjustments		Ltd.
ASSETS:
Current assets:
Cash and cash equivalents	$	214,407	$	108,261	$	167,722	$	—	$	490,390
Investment securities at fair value	157,001		—		—		—		157,001
Accounts receivable - trade, net	—		25,011		26,452		—		51,463
Intercompany receivables	1,835		—		—		(1,835)		—
Inventories	—		93,161		—		—		93,161
Income taxes receivable, net	716		—		—		(716)		—
Other current assets	1,152		5,769		39,250		—		46,171
Total current assets	375,111		232,202		233,424		(2,551)		838,186
Property, plant and equipment, net	427		24,648		47,729		—		72,804
Investments in real estate, net	—		—		9,608		—		9,608
Long-term investment securities at fair value	51,996		—		3,366		—		55,362
Investments in real estate ventures	—		—		76,192		—		76,192
Operating lease right-of-use assets	5,336		5,289		127,432		—		138,057
Investments in consolidated subsidiaries	455,557		237,914		—		(693,471)		—
Goodwill and other intangible assets, net	—		107,511		99,986		—		207,497
Other assets	16,186		51,297		31,188		—		98,671
Total assets	$	904,613	$	658,861	$	628,925	$	(696,022)	$	1,496,377
LIABILITIES AND STOCKHOLDERS' DEFICIENCY:
Current liabilities:
Current portion of notes payable and long-term debt	$	—	$	12,526	$	12,532	$	(12,500)	$	12,558
Intercompany payables	—		95		1,740		(1,835)		—
Income taxes payable, net	—		13,899		651		(716)		13,834
Current payments due under the Master Settlement Agreement	—		89,488		—		—		89,488
Current operating lease liability	1,687		1,438		23,500		—		26,625
Other current liabilities	43,473		93,882		86,185		(42)		223,498
Total current liabilities	45,160		211,328		124,608		(15,093)		366,003
Notes payable, long-term debt and other obligations, less current portion	1,396,510		6,301		6,266		(6,250)		1,402,827
Non-current employee benefits	57,967		8,862		—		—		66,829
Deferred income taxes, net	(8,810)		24,171		21,241		—		36,602
Non-current operating lease liability	5,069		4,367		135,051		—		144,487
Other liabilities, including litigation accruals and payments due under the Master Settlement Agreement	762		34,515		40,919		(4,522)		71,674
Total liabilities	1,496,658		289,544		328,085		(25,865)		2,088,422
Commitments and contingencies
Stockholders' (deficiency) equity attributed to Vector Group Ltd.	(592,045)		369,317		300,840		(670,157)		(592,045)
Total stockholders' (deficiency) equity	(592,045)		369,317		300,840		(670,157)		(592,045)
Total liabilities and stockholders' deficiency	$	904,613	$	658,861	$	628,925	$	(696,022)	$	1,496,377

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

			Six Months Ended June 30, 2021
					Subsidiary				Consolidated
	Parent/		Subsidiary		Non-		Consolidating		Vector Group
	Issuer		Guarantors		Guarantors		Adjustments		Ltd.
Revenues	$	—	$	598,004	$	675,718	$	(429)	$	1,273,293
Expenses:
Cost of sales	—		370,176		493,776		—		863,952
Operating, selling, administrative and general expenses	21,330		36,717		124,439		(429)		182,057
Litigation settlement and judgment expense	—		5		—		—		5
Management fee expense	—		6,483		—		(6,483)		—
Operating (loss) income	(21,330)		184,623		57,503		6,483		227,279
Other income (expenses):
Interest expense	(55,647)		(1,214)		(75)		70		(56,866)
Loss on extinguishment of debt	(21,362)		—		—		—		(21,362)
Equity in earnings from real estate ventures	—		—		18,274		—		18,274
Equity in earnings from investments	1,518		—		—		—		1,518
Equity in earnings (losses) in consolidated subsidiaries	189,466		57,084		—		(246,550)		—
Management fee income	6,483		—		—		(6,483)		—
Other, net	10,778		577		(3,023)		—		8,332
Income before provision for income taxes	109,906		241,070		72,679		(246,480)		177,175
Income tax benefit (expense)	15,356		(46,054)		(21,215)		—		(51,913)
Net income	125,262		195,016		51,464		(246,480)		125,262
Net income attributed to Vector Group Ltd.	$	125,262	$	195,016	$	51,464	$	(246,480)	$	125,262
Comprehensive income attributed to Vector Group Ltd.	$	125,738	$	195,245	$	51,464	$	(246,709)	$	125,738